Pearson ( (GB:PSON) ) has issued an announcement.
Pearson PLC has announced the purchase of 159,668 of its ordinary shares as part of a £350 million share buyback program. This move, involving a first tranche of £175 million, is aimed at enhancing shareholder value by reducing the number of shares in circulation, potentially increasing earnings per share and influencing stock price positively.
More about Pearson
Pearson PLC is a global education company that provides a range of educational products and services, including textbooks, digital learning tools, and assessment services. The company focuses on enhancing learning experiences and outcomes for students and educators worldwide.
YTD Price Performance: -3.34%
Average Trading Volume: 1,572,157
Technical Sentiment Signal: Sell
Current Market Cap: £8.05B
See more data about PSON stock on TipRanks’ Stock Analysis page.